Charity r•gistration number 1071424 Company registration number 02591631 (England and Wales) CARTREF NI LTD ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 25 MARCH 2023 *A(EJKB9C' 2011012023 ¢￿ANIEs House A15 #169 CARTREF NI LTD LEGALAND ADMINISTRATIVE INFORMATION Tru8t•e8 Mfs P Bc¢henski MrsA Brebner Mr M Roberts Mrs J 8rown Mr G Coates Mis V HawkeT Se¢retsry MrsA Brebner Charity number 1071424 Company numbfjr 02591631 Princlpal address and registered Goleufan 27 Chester Street StAsaph DenbNJhshire LL17 ORE Audilor Harold Smith Aecounlants Unil 32. Ltys Edmund Prys StAsaph Business Pa St Asaph LL17 OJA Bankfrrs National V4Èskninster Bank Pk 35 Vale Street Denbigh Denbighshire LL16 3AN Santsnder 2 Trilon Squa Regents Place London NW1 3AN Scottish Wdows Bank PLC PO Box 12757 67 Morrison Street Edinburgh EH3 8YJ Nat￿nW POBox3 11 St Georges Street Douglas Isle of Man IM99 1AS CARTREF NI LTD CONTENTS Pag• Truslees. report Statement of tru$lees' respowbilities 13 Independent auditorfs report 14-16 Statement of financial adNilies 17 Balance sheet 18-19 ststement of cash flows 20 Notes to the financial statements 21-34 CARTREF NI LTD TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 25 MARCH 2023 The trustees present their annual report and finanoal statements for the year ended 25 March 2023. The financial statements have been prepared in ac￿rdance wrth the accounb.ng polic*$ sel out in note 1 to the financial ststemenls and compty with the charty's Igoveming d0￿mentI, the Companies Act 2006 and "Accounbng and Reporting by Charibes". Statement of Recommended Pract￿ applicable to charities prepanng their accounts in accordance with the Finanual ReFQrtI'ng Standard applicable in the UK and Republic of Ireland IFRS 102)" (effective l January 20191. Objectives and activities Cartref Ni continues to Pursue its main objective to prov*Je superior. trusted. person centered support to vulnerable adults living in their own homes. In 2022r23 the folkying were idenlrfied as its vision and purpose. Cartref Ni's vision is for adults with disabilities to live the life they choose. achievin9 the outcomes that matter to them and be as independent as possible. Cartref Ni's purpose is lo provide the highest quality. petson ￿ntered sUPP)rt lo adults wrth disabilities lo live the life they choose, achEving the outeomes that matter to them and be as independent as possible. ensuring they are supwrted with donity and respect at all times. Cartref Ni's Strategi¢ priorities are to ensure". Contsnual improvement in the gualty of the Sem￿ it delivers. That we provide support to people by people Ihat kn¢)w them. Investment in the training and deveh)pment of rts staff. Employment of stsff who are committed to ils core values. Conbnued financial viability. People we support feel safe. h4)py and fu￿lled. Staff feel included, valued and supported. Families trust us lo provide a firstn and had some as*stanee and guKlance from his naghbour which was posilive. LJ returned to day seThices and increased to 4 days per week. LJ went on a Coup￿ of holidays, where he tried his hand al Archery and also won a Bowa competrtion whilst away with his friends frryn Gateway. DC has enjoyed hvo tnps to BL8ckp)d. enjoym￿ Ihe Pleasure Beath and carriage r¥Jes along the golden mile. PF has been on holiday a ¢ouple of times this year. she went to Hafan Y Mor and then BlackpcoL SM has generously donated of his paintings.. one to a local cafr where he Ilrtes to go lo enitiy a hol ¢hocolate and chal with the regulais. The other to Cartref Ni offi¢e where rt has prominent position in the haI￿ay. As SG'S anxielies with CLJVKI lessen. she has slarted to go back to Bingo. SG has also started dusting her bedroom herself each week. with minimal support which has increased her independence. FR has started going arcurt training one day a week in addition to attending the gym whi¢h she enjoys. FR n¢ goes to work al'Kit out the Khls. cme day a week. SC moved inlo her first home in June 2022. SC has enjoyed starting new woth opportunities and explorin9 her local community. She has joined her ktal library and enjoyed compkts.ng the summ¢r wding challen9e. SR participated in the Cartref Ni garden competition. helping to make arKI decofate ornamenis for their new garden. SR went lo watch an Abba tribute band in the theatre which she bved. MF has enjoyed increasing his weekly activities and attending Horse and Carr￿ge. dance group. sensory and music session5. MF mel up with friends in the Tower Ballroom whilst holthying in BiackFWI. RG has been 5UPPOrted to reduce his days at work placements to 2 days a week. which seems to be having a positive effect on his wellbeing. AJ was 70 just prior to Chfislmas arKI enioyed the speu.al celebrations. He also enjoyed participating in the Cartref Ni Garden Competition and, along wrth his CO•tenanls, was a winner. CARTREF NI LTD TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 25 MARCH 2023 TW has continued with his Keep Fil and Martial Art5 where he remains a valued member of the Deeside club. He enrolled on a Work Based Employment Course in September 2022 and this has been a great su¢eess. GD has been supported lo maintain his health having overcome some p8nods of being unwew. GO conb'nues to enjoy accessing the Zoo and has also been lo watch a number of sh¢YWS at local thealres. DR enjoyed a week away in Shropshire. stayed in a bvety ￿trage and Made gc*)d use of the hot tub and aelivilies in the surrounding area induding horse rKliry. rrver boat trip and fami exoJrsK>n lo feed the goats.. LM has continued her development and lr￿ep￿ence and is now confthnt lo $tsy at home whilst by I￿[¥&1f. The highlight for the year has to te her engagement paty in September whbch she arranged with her fiance and support from staff. TT has worked with stsff to leam about managing her own finances which continLses to be a work in progress. received limited support hours from Cartfef Ni staff. but has built strong trusting rei4tionships with them. RK completed another thallenge to raise monvi for Ceretfal Palsy. completing 300 thousand steps in October with the support of his team. IR enjoyed a 2 month trip loAmefica to visit famity and make plans for his 5iSterfs wedding. HW went on the first holiday he'd had for a numtw of years. He thoroughly enjoyed taking part in activitses such as rifle sh¢)oling and enjoying the evening entertainment. KC moved into her new home in Apnl of 2022 Whe￿ she has been supported to adapt lo moving from a family home. She has been supported to viwl herAunty in LNerpool and visrts her mum on a regular basis. PL enjoyed a short break lo BL4ckpool where he experienced a magic show. cabaret. tram rides and a few nice meals out. He has also enjoyed getting back lo some of his regular adiviknes such as busy buddies. day trps to Ihe Llyn Peninsula and attending ￿nerna regularly. MH celebrated his 50th birthday in July. He went away for the weekend to an Elvts tribute weekend. He also went on a driving experience.. GW wenl on a zookeeper expenence day. He ￿ntinUeS lo enjoy hi$ aclivities such as horse ridwbg. visiting the zoo, and long walks. MR and his team have worked extremety well to ensure he has been able to maintain his usual actMt*s wfth the increasing cost of living. He still enjoys his weekly cycling, g*imming. tram￿linIng and visits to his l¢)cal public house. He visited National Trust sites in Anglesey and Chirk. JH has been on a couple of holKiays this year. he has been to Hafan Y Mor. Blackpool and also Harry Potter world. JH was pleased lo have bought a new sofa for hi5 living rLw)m. For his birthday. PJ was supported to go by train lo Chester. PJ loves trains and it was his first for 3 years. After having lunch out, a walk along the river and shopping. PJ sahl he wanted lo go again. AT has been 5UPFKlrted lo use her tablet more independenuy and n¢x VKleo calls her family regularty. JW moved into her first home in September 2022. She's settled in realfy well and has started to access events and groups within her local communty such asArt Club. Gateway and going to work at Popty. A highlight is LD'S development in the workplace where she has accessed a programme aimed at acquiring Open Employment. LD has strived for this to be a success culminatj.ng in her currently working in a school as Canteen As51Stant and is Current￿ applying for fvll time empl¢)yment in P￿paratIon for when the course ends. CARTREF NI LTD TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) {CONTINUED) FOR THE YEAR ENDED 25 MARCH 2023 NJ has maintsined attendance at Hwb Dyffryn tswce weekty. She had a ho1￿jaY to 81ackpool which was enjoyed and is indeed pL8nning again for Spring. JS loves Harry Potter and visited The Harry P¢)tter Experien￿ in November. He has also started to play Boccia on a weekly basis. LG has settled well into her new home since moving in May 2022. She enjoyed Part￿"patIng in the Cartref Ni garden competition. in which they were a winnef. SG enjoyed a holiday to BlackFooI in N¢)vember where he attended a football matth between Blackpool and Bimiingham City. He keeps regular contact with his famity and sees them at least weekly. AW has returned to going swwnming on a regular basis. after •Jvice was sought frorn a physiolherapisl on the best way lo support her in the water. This is working well, and she enjoys this actmty. DB has maintained her weight loss and continues to pL3n her meals and shopping on a weekly basis. CC completed a few months on a Construct￿ Site coutse. He has increased independence and is able to get public transport Independent￿ and does his food shoppng. CE ha$ attended football matthes at Wrexham and at Anfiekl lo watch LIverpc￿l and Man United. Additional 1..1 support has enabled CE to do things he enjoys and has been to the theatre a couple of limes and attended number of social evenls. MD has aromathefapy sessions al her home twice a month which she finds really relaxing and h)ves ihe essential oils they use because of how goc*l they smell. With supp)rt CS organised her 50th 8irthday Party whth a lot of her family and friends attended. She realty enjoyed her evenin9 and had over 70 birthday Cards whth were proudly displayed al￿nd her home for the next month or so. With the risk of the impact of Covid reducing for DH. his opwrtunity to interact within his local community ha$ increased. CH went on her first holiday for many years, whth she was supported in booking herseff. SD enjoyed w'n9 on a horse drawn boat trip in Llangollen. For her birthday she had a from Sparkles the pony to her home. JD restsrted cgcling and enjoys regular rides along the sea front in Rhyl. JD has been w0￿1n9 at the Hwb cafe and also started working as a kitchen porter at a holel in Llandudno. MH has been supported on a SU￿rise trip away lo Blackwol which he I￿roUghlY enpyed. He $tsrted going to social event every Tuesday where he has made new friends and built new relationships. He fecently tried his hand al rock climbing which is something he ntY•¥ wishes to do on a more regular basis. ET remains independent but has further develoF¢d her d￿StiC and personal skills. She enjoyed a hol￿aY with her family. Whilst DJ is a very independent genueman. he has built up good relationships wth those that Support hmn. and with his neighbouis. RB enjoyed a b￿ak lo Liverpool in December 2022 to see Ihe Christh)as markets and ride Ihe Liverpool eye. RB continues lo enjoy allending skiing at Chill Factor in Manchester on a monthly basis. il$t VD has continued lo have heallh issues the 12 months, when feeling well enough she ha$ enjoyed having more facfrto-face aclNities rather than over Zwm. CG enjoyed attending a few sooal events, ￿￿udIng summer barteque. Ir¥e bands, Christmas parties and g)ing lo see a pantomime. CARTREF NI LTD TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 25 MARCH 2023 AO ha$ a passion for fvnfairs and enjoyed a weekend away atAlton Towers at a time that best suited him. MVV attends Hwb Cyfle 4 days a week wrth great enthusiasm arKI enjoys varK)us outings in his local community which is important lo support his wellbeing. OD has re*stablished his work at loland Food Factory in t)eeside and has experienced various placements including Gardening Prqects. He has enjoyed holidays in Ireland with his fami￿ and travelled lo Turkey with his co-tenants. H¢)wever. his proudest moment was the engagement paty he arranged with his fiance and staff. AP has begun going to hydiolher4)y sessions IwKe a MC￿th. and realty enjoys the freedom in the water lo relax and stretch hef body. LE has joined a weekly drama group which has been a great sur￿$ for her. The highlwht of the year was going on her dream holiday to America where she viwted Calrfomk4 and San Franusco. AW has settled well in his flaL He has enjoyed a few trips this pafA year with his family, espeually when he went to Florida_ DL has been supported to ensure contact wth her eldedy relative is not h)$t despite her illness. as this is important to her. They met in Ljandudno and maintain regular phone conlact. A4 moved into her first home in September 2022. She has settled in really well to her new hcrfne and is developing her daily living skills especknilty with cLoking. CARTREF NI LTD TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 25 MARCH 2023 Achievements and pertomiance 2022123 saw the Services we provide retum to more nom)al levels after the COVID pandem￿. COVID still affected the organisalion with some restrictions still in pl&e and perictyJs of staff absence bul less than in previous years. We were able lo w0v￿e the vast majority of contrxted hours. Finanoalty Cartref Ni continue5 to be in a strong powb.on as described in the AuditedAccounts. 2022 saw the new'houses" in Denbighshire have more peo* to SUPPQrt havuig started with just one or tsvo late in 2021122. People we support were able lo becoff* more adventurous again with th&r plans, wf(h one person for example going on their "holiday of a lifetime- lo America. A gentleman we sup￿1 aL80 raised over £1.500 for Cerebral Palsy by walking 300,000 steps with the support of his team. We were pleased that again a memt¢r of our staff won a Ilèles Care Award with Ruth Ivellum winning Silver at the Awards Ceremony in Cardrff in October 2022. In January 2023. as part of Flintshire's monitoring pr(￿lUreS. they vksited our off￿$ and carried out a number of wsits lo those we support. We were pleased to have received a very positNe Monitoring Report wlich summarised as saying "This provider delNers hvJh-quality person-centered support and has done consistently for a number of year5. Feedback from all stakeholders demonslrales the positsve Wofking re￿tionShiP be￿een the management and ils care staff team. reflecting a joined￿p approach. The provider is pro-aclive and looks to include the people they support at every opportunity giving a sense of inclusion within the wider service" We were pleased to have offered another internal promotion OPFQrtunty. whereby one of SupF4)rt Wothers was successful in her applution for the wst ofAssstanl Manager. A garden competition was run again in the summer of 2022, where 17 gardens took part. Everyone who entered fflade such an effort to improve their garden rt was drfr￿Ul1 to choose the winners. We have continued lo give opportunib.es f￿ staff to enhance their qualIficat￿fts. and achieve the relevant Award5. Princi*s and Values Award = 3 . All Wales Induction Framework Programme- 13 Core qualifiealion at Level 2 - Level 2 Health & soc￿1 Care Diploma = 1 Level 3 Health & Social Care Dipknma - 2 The board would like to pass on our thanks to all staff for their part in the achie¥ement5 of Cartref Ni. CARTREF NI LTD TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED> FOR THE YEAR ENDED 25 MARCH 2023 lil Assurance Cartref Ni strives to provide huh quality seNiees to the people it supports. use a variety of routes to measure our success or not. These ineludè regular individual and house meetln9S Wlth the people we support. to provide opportunities for them to communicate their feelings and wishes on the support they receive. Quality moniloiing visrts have increased ￿gnifICant￿ due to the relaxing of Covid rubes. and have been carried out by the Chief Executive. Head of Opefab'ons. Quality and Compliance Manager as well as a number of Trustees. The Quality Assurance Manager has continued with Quality Rewews and audrt visits were undertaken and the development of adion plans. where required. were still undertaken_ Topics are chosen to discuss in team meetings on a monthly basis to enhance knowledge on subject ¥eas and further embed good practice and recognoe areas for devek)pment. Team meetings are also allended by our Quality Assuranee Manager on oceasion. as part of our a￿rance pr￿e$S The family quality survey has provided excellent feedback. enabling us to continue to devek)p be51 practice, and will be continued. The staff satisfaction survey is an ongoing fealure of our quality assurance framework, offering staff members a voice in Serv￿ improvement and the reviewing and devek)pment of policy. 11 is hopgj to start the staff conferences again in 2023r24. Throughout this year we have been pleased at the kvels of posilive feedback in relal¢on to the way we have ¢ontinued to provide services from a range of stakeholders including CIW. the families of the people we support. as well as the comMiss￿nerS from each of the respec￿ ktal authortties. but most importantly we have re￿Ned positive feedback on many cttasions from several indivNluals that we support. A Quality Assurance report wlh 6 month interwn rep)rt wa5 prc#Jueed. pulling together inf0mat￿n from a range of sources providing evidence on the quality of serv￿$ provided. the new Annual Review required for registration with Care Inspectorate I￿leS having been deferred for 12 months. Cartief Ni continued lo impkment an operational management system calbed Care Control to enable enhanced recording of eare and support inf0m￿trOn. Our supeNiS*)n and appraisal policy was revwed and updated to include a change to the forms used. This enables a eonsistenl approach and an improvement on being able to measufe progress. Supervision forms ensured that Ihefe was an emphasis on relleth.ve practKe. CARTREF NI LTD TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 25 MARCH 2023 vi As previously referenced, there is no doubt that Covid-19 has impacted the whole of the country and every organisalion has been affected in some way for the third year. ItsÈ have al all times followed and acted upon national and local guidance and worked closely with the three local authortties that comm1$5ion services from us including regular conference v*Jeo calls. ￿￿11$1 staff and people we SUPFQrt get infected by the virus and there were times when it caused Significant disruption. Cartref Ni is fortunate that due lo the commitment of staff we were able to continue seThices at all tsmes. hilst some of the peop￿ we support dKI wrtract COVID none were senously ill as a resurt. Staff Continued to work hard with control of infectK)n equipment and procedures to help reduce the risk of any Iransmiss¥)n. By the end of the year mosl day and work seNicÈs h&J ￿turned to pre COVID levels with some exceptions orts Stsff conts'nued lo adiusl lo some changes in their rolas and have been very ￿SitI.ve showing gc*)d flexibility and offering lo assist if people we support We￿ to test F#)sitive. By the end of the year, most training and supervisions relumed lo a face to fxe environmentl. By the end of 2022123 office slaff retumed to worknng in the offKe other than nomial arrangements where sometimes rt works better lo work from home. ui ￿ntInued lo invest where required in technology to assist the reswnse to CovKI-19 and PPE has been provided from a combinalTron of our purchases and also supplies from the l*Velsh Govemmenl through the local authorrties. in uri Unlike some charities the income for Cartfef Ni tomes from business activitses and not donations. Our contract income is from local aulhorities.This is secure, and as has already been slated. this work has been required throughout the pandemic and will a￿VaYS be required in the fvture. As a resufL the TnJstees do notconsider the is any significant llsk to Cartref Ni in terms of rts ongoing financol Y￿bility from Cov*J-19. Although Covid-19 has and will continue to impxt on all individuals and or9anlsal￿ns. Cartref Ni has been able to miligale the impact in many ways and the Trustees are pleased that from both an operational and financial peispeclive. we have been able to deal with ongoing diffiojlb'es thal the pandemic continues lo bring. By the end 012022123 guidance relating to COVID means we deal with il as wilh other respiratory viruses. Fundralslng Aclfvltiés No fundraising activities have tsken place in the year as Cartref Ni prOv￿S t$￿iC111ary care to generate income lo meet ils objectives. CARTREF NI LTD TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 25 MARCH 2023 Financial review Cartref Ni continues lo offer cwspelilNe lemis and condibons of emplOY￿nI for its slaff. together with extensive training and development opportunibes. The financial Pressu￿ that are being applièd to loeal authorities are continuing. The local authorrt￿$ that fund most of the support we provide are constantly seeking elTiciencies from us as proV￿erS, not only in the eharges we make to them, but also in the amount of supwrt hours being provided to individuals. They are seeking out ways of meeting the needs of indNkluals in what they see as more efficient and less cost ways. This drive for cost reduth"¢>n ts likely lo continue from central govemment for at least the next few years. Despite this. Cartref Ni's ffinanoal p)SitI￿ remains strong and our finanaal out-tum for the year was posrtNe as detailed in the Annual Accounts. Further increases in the Nakn'onal Lmng Wage. and the nvw requirement that all slaff within the social care sector are now paKI the Real Lbving Wage. will continue lo have signif￿ant impacts in ea¢h of the next few years. After making appropnate enquiries. the trustees have a reasonable expedatj.on that ihe charty has adequate resources lo continue in operational existence for the foreseeable fulure. For this reason. they continue to adopt the going concern basis in preparing the financial statements. Further detsils regarding the adOpt￿n (rf the gc4.ng con¢em basis can be found in the Aceounbng Policies. Reserves are needed to enable Cartref Ni to conty.nue to ¢¥)erate in the event of fluctuations in levels of income or expendrture ansing from the loss of projects and other events. These could indude for example short-lerm delays in funding or unexpected business 1ntemjpl￿ns. In addrtion. the trustees note that the &gnrfieant staffing issues in the social care sector may wuire us lo make further stralegtc investrnents in the temis and condition$ of our staff within the coming yeaTS. In this context, the trustees consider that the ideal level of free rv￿r¥e$ as of the 25th March 2023 y￿Uld be £1,300,000. As al the period-end Cartref Ni held free reserve5 of £1.524.395 on unrestrKled funds after allowing for those resources designated for Ihe Fixed A5sel Fund and the Lesky Gumey Key Outcomes Fund, the details of wh are given in note 16 to the accounts. though the level at the year end was in excess of the Kjeal level, the chanty's medium-lem plan includes projections for resetves to reduce back to the ideal level. The positron will conb.nue to be reviewed on an ongoing basis to ensure that ￿ve15 held, remain appropriate. The trustees, having regards to the liquidty requirements of operating the charity, have kept available funds in inleresl-bearing deposit accounts. 10- CARTREF NI LTD TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 25 MARCH 2023 Risk Mana9ement Cartref Ni ha$ a system of Operat￿)nal n5k management for people we support and staffing issues. Al a strategic level the F(Jsition ts the same as in previous years. The Trustees have considered the risks lo which the chafity might be exposed. In general temis rt ts acknowledged that there will be an ongoing requirement for Quality Domiciliary Care ProvKlers in North INales. However. in the current e￿nOmiC climate Local Authority finances ale under severe senstiny and their ability to pay for a qualty service is under constant review. Cartfef Ni will continue kn work in partnership with Local Authorities to see if effbryencies can be identif￿d without compromising on qualty. From a eontraclual perspective Conwy and Den￿ghsh1re Local Authonts"es were both starting relendering processes, but these have been deferred due lo coV￿-19. H¢)wever, we continue to plan and respond to these and when they are restarted. Taknng all these factors into a￿Ount the Trustees have devekjped an appropr¢ate reserves policy. Cartref Ni is adamant that des￿ts the risk of losing work. high standards musl be maintained. staff must be "offered the best possible terms and condit￿n5 of empknyment including comprehensive training and development opportunities. It is hcped that Cartref Ni's excel￿nt reputation for providing high quality social care will see it through these economically ehallenging limes. Its strategy of foc¥Jsing on achEving and evidencing outcomes for indNiduals, should hel) ensure its continued suecess. Plans for future periods The main focus for the Charity is to maintain and improve the hwJhest qualty of serwees for the Feople we currently support and lo continue to provKle the best term5 and condrtK)ns for $laff. Reeruitmenl is drfficult for all social cale services. and we will continue to try existing and new methods lo recruit. There are no speufic plans to expand the Chality. but we will contsnue to look at ways to enhance the INes of the people we supporL Structurei go¥ernan¢8 and management The charity 15 a company limrted by guarantee and is gwemed by a memorandum and artth of association.. The trustees, who are also the directors for the purpose of CLYnpany law. and who served durllvj the year and up to the dale of signature of the financial ststements were: Mrs P Bochenski Mrs A Brebner Mr M Roberts Mrs J Norris Mrs J Brown Mr G Coales Mrs V Hawker (ResKJned 28 June 2022) Trustees are appoinled by nomination of other trustees. The pr(Kedure$ for appointing new tnjstees. including any restrictions on Irusleeship, suth as maximum number or reslricts.ons a￿ set oul in the arts.cks of association. None of the trustees has any beneficial interest in the eompany. NJI of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up. Tho oryanisational structurg The Board of Trustees that meets four tr'mes a year, governs organisation. Any additional meetings are put in place as required. Strategic decisions are made at these meetings and Operat￿nal issues are reported on. Detsils on the number of Trustees required to bo qU￿ate afe in the articles of assouation. 11 CARTREF NI LTD TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 25 MARCH 2023 Trustee Induction and Trainlng Trustees are encouraged to visit the indiwduals the Charity SUPPOTts and ils employees, to gain a better understanding of the work we do. The CEO provides a quartety ￿POrt on key iswes and developments and the Trustees pmvide strategic guidance.. ahvays ensuring that the WOTk undertaken or proposed is in line wth the objectives of the Charity. All new Trustees are mentored by a more experienced member of the eoard and have opportunities to meet staff and supporte(l indmduals either in supported li¥ing settings or al a variety of Cartref Ni Stxial fvnc¢ions held throughout the year. Pay Policy for Senior Stsff The trustees con&der the key management personnel of the company in charge of directing, controlling. running and operating the Charity on a day to day bass, comprise the board of trustees. are also dire¢tors for the purposes of company law, and the senior management team. All tnjstees give their time freefy and no Trustee received remuner*"on in the year. The pay of the senior staff is reviewed each year a5 part of the company annual stsff remuneration rewew. Auditor Harold Smith were appointed as authior to the company. The trustees. report vrds approved by the Board of Tn￿tee Mrs P 8ochenski Trustee Date.. 12- CARTREF NI LTD STAT.EMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 25 MARCH 2023 The trustees. who are al¥J the directors of Cartref Ni Ltd for the purpose of company law, are responsible for preparing the TfUStee5' Report and the finanryal ststements in aecoidance with applicable and United Kingdom Accountin9 Stsndards (United ￿'n￿￿orn Generalty Accepted Accountr"ng Practts}. Company Law requires the trustees to prepare financral statements for each financial year wh￿h give a true and fair view of the state of affairs of the charity arKI of the ineoming ￿sourceS and application of resources, including the income and expendrture. of the charitable eompany for that year. In preparing these financial statements, the trustees are rewired to.. - select suitable accounting poI￿leS and then app￿ them congslenty: - observe the methods and principles in the Charrties SORP: - make judgements and estimates that are reasonable prLKlenL and prepare the financial statements on the concem basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsibte for keeping adequate accounting rec￿d$ that discl¢)se wth reasonable accuracy any time the financial wsilion of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the asset5 of the charity and he￿e for tsking reasonable steps for the prevention and detection of fraud and other irregularities. 13- CARTREF NI LTD INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF CARTREF NI LTD Opinion We have audited the financial statements of Cartref Ni Ltd {the 'charrty') for Ihe year ended 25 March 2023 which comprise the statement of financial activities. the balance sheet, the stslement of cash flow5 and notes to the financial statements, including signrficant accountsng Pol￿￿. The financial re￿￿"ng framework that has been applied in their preparation is appI￿able and Unrted Kingdom Accounting Standards. including Financial Reporting Standard 102 The Finan￿al Reporting Standard applical)le in Ihe UK and Republic of Ireland {United Kingdom Generally Aecepled Accounting Praclbcel. In our opinion. the financial slalemenls.. give a true and fair view of the state of the charitable companls affairs as at 25 March 2023 and of its incoming resources and application of resources. for the year then ended., have been property p￿Pared in %¢￿￿nCe with United lfjngds)m Generally Accepted Accounting Prath"ce', and have been prepared in accordance wrth the requirements of the CompanJesAct 20￿. Basis for oplnlon We conducted our audit in accordance wth Intemational Standards on AudrtiNJ {UKI (ISAS {UKI) and applicable law. Our responsibilities under those Standards are fijrther described in the Audilorfs responsibilities for the aud of the financial statements section of our rewrt. ￿ ar8 independent of the charity in accordance wrth the eth￿al requirements that are relevant lo our aydil of the financkql statements in the UK. including the FRC'5 Ethical Standard. and we have fulfilled our other ethical responsibilit￿ in accordance with these requirements. We believe that the audit evhlence we have cblained is sufficient and appropriate lo prOV￿e a basis for our opinion. Conclusions relating to going concern In auditing the financial stslements, we have concluded that ￿ trustees. use of the going concern basis of accounting in the preparation of the financral statements is appropriate. Based on the work we have wrfomied. we have not identified any material uncertainties relakng lo events or conditions that, individually or col*tively. may east signffjcant ckjubt on the charity's ability lo continue as going eoneem for a Fel￿1 of at least tsvelve mnths from when Ihe finwal ststements are authorised for issue. Our responsibilrties and the resp)nsibilit*$ of the trustees with respect to going con￿rn are described in the relevant sections of this report. other infonnation The other informati¢)n ￿mPriseS the infomiabon induded in the annual report other than the financial ststements and our audilorfs report theieon. The trustees are respon&ble for the other information contained within the annual report. Our opinton on the finanoal stalernents does not cover the other infomiation and we th not express any lo￿n of assurance conduwon thereon. Our responsibility is to read the other information and. in doing so, consider whether the other inf0m7at￿n 1$ materialty inconsistent with the financial stslements or our knowledge obtained in the course of the audit. or otherwise appears lo be materially misslaled. If we identify such material inconsistencies or apparent matenal misststemenls, we are requifed to delemiine whether this gives rise lo a material misstatement in the finanoal stslemenls themselves. W. based on the Wofk we have performed. we condude that there is a malenal misstakrrent of this other infomialion. we are required lo report that fact. We have nothing lo report in this regard. 14- CARTREF NI LTD INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF CARTREF NI LTD Matters on which wo 4r• roquired to rnport by exception We have nothing lo report in respecl of the following matter5 in relation to which the Charities (A¢¢ounl$ and Reports) Regulations 2008 require us to report lo you rf. in our opinN)n.' the informatK)n given in the financial ststements is inconS￿lent in any matstial respect with the trustees, report., or sufftcient ¥counling records have not been kept.. or the financial statements are not in agreement wtth the accounting records". or we have not received all the informatson and explanations we require for our audrt. Rèsponsibilitles of tru$tegs As explained nhjre fully in the Statement of trustees, reS￿51b111Iies. the trLtslees. who are also the directors of the charity for the purpose of Gompany18w, are reswnsible for the preparation of Ihe financial Statements and for being satisfied that they give a true and fair view, and for such internal control as the tnjslees delemiine is necessary to enable Ihe preparatmift of financial statements that are free from material misstatemen( whether due to fraud or error. In preparing the financial statements. the trustees are responsible for assessing the charity's ability lo continue as a goin9 concem. disclosing. as applicable. matters related lo going concern and using the going concem basis of accounting unless the trustees ether intend to liquidate the charitable company or to eease operations. 01 have no realistic altematwe but lo do rA). Audltorfs responsibllitl•s lor tho audtt of Ihe financlal statemonts We have been appointed as auditor under sectK)n 144 of the Charities Ad 2011 and report in accordance with the Act and ielevanl regulalions made or having effect theTeunder. Our objectives are lo obtain reasonab￿ assurance about whether the financial stalements as a whole are free from matenal misstatement. whether due lo traud or error. and to issue an auditols report that includes our opinion. Reasonable assurance is a high level of assurance but ￿ not a guarantee that an audit conducted in accordance with ISAS (UK) will always delecl a material misstatement when it exists. Misslatemenl$ ¢an arise from fraud or erTor and are considered material if, indtvidually or in Ihe aggregate, they could reasonably be expected to influenee the economic decisions of users tsken on the basis of these financial slalemenls. The extent lo which our prc¢edures are capable of detecting irregularrties. including fraud, is delailed below. A further description of Ouf reswnsibllrt￿S is available on the Financial Reporting Council's website at.. https.'Il www.frc.org.uklaudilorsresponsibililies. This descriplron forms part of our audito￿$ report. Use of our report Thi5 report is made solety to the ¢harty's trustee5. Os a W, in ac￿rdanCe with part 4 of the Charities {Accounts and Reports) Regulat￿nS 2C￿8. Our audit work has teen undertaken so that we mohl state to the charity's Iiuslees those matters we are required lo state lo them in an auditors, reFQrt and for no other purpose. To the fullest extent perniitted by law. we do not ￿Cept or assume re5ponsibilrty lo anyone othef than the charity and the charity's trustees as a body. for our audrt work. for this reporL or ft>r the opinKJns we have fomied. . knJL.- Simon hlurray-Willi•ms BA FCA (Senlor Statutory Auditor) for and on behalf of Harold Smith L3 Chartered A¢¢ountsnts Statutory Auditor Unrt 32. Ltys Edmund Prys Sl Asaph Busiress Park St Asaph LL17 OJA 15- CARTREF NI LTD INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF CARTREF NI LTD Harold Smith is e1￿ible for appoinlmenl as audilor of the charity by virtue of rts elhJibilsty ts appointment as auditor of a company under seclron 1212 of the CompaniesAct 20C6. 16- CARTREF NI LTD STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOMEAND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 25 MARCH 2023 Unrestricted Restricted Total funds Unrestricted R•8trictod funds funds fund$ fund8 2023 2023 2022 2022 Total 2023 2022 Notes Inc Gfanls Receivable Charitable activities Investrnenl in￿rne 178 4.555,993 4.390 297.174 297.352 81.235 4.555.993 3,902,903 4,390 157,878 239,113 3.902,903 904 Total income 4,560.561 297,174 4.857.735 3,985,042 157.878 4,142.920 Analysis ol SUPFQrt 4,396,651 297.174 4.693.825 3.820,666 157.878 3.978,544 Total Gharitabh expenditurn 4.396,651 297.174 4,693,825 3,820,666 157,878 3,978.544 N•t in¢om• for th• yearl Net movement in funds 163,910 163.910 164.376 164.376 Total fvnds brought fO￿ard 1.888,917 1.888.917 1.724.541 1.724.541 Totsl funds ￿rried forward 2.052,827 2.052.827 1,888,917 1,888,917 The statement of financial activities includes all gains arKI hxses reeognised in the year. All income and expenditure derive from continuing activities. 17- CARTREF NI LTD BALANCE SHEET AS AT 25 MARCH 2023 2023 2022 Fixed assgts Tangible assets 11 450,930 460,722 Current assets Debtors Cash at bank and in hand 12 317.951 1.953.862 510,376 1.391,486 2,271.813 1,901.862 Creditorn: amounts falling due within on? year 13 1668.4e61 (472,4511 Nel current assets 1.603.347 1,429.411 Total assots l•s$ ¢urrent liabilities 2,054.277 1.890.133 Provisions for liabiliti•s 14 (1.450) {1,2161 Ngt assets 2.052,827 1.888,917 Income funds Unreslric Des￿nated lunds Geneial unrestricted funds 16 528.432 1.524.395 S39,604 1.349,313 2.052.827 1.888,917 2.052,827 1,888.917 18- CARTREF NI LTD 8ALANCE SHEET {CONTINUED) AS AT 25 MARCH 2023 The company is entitled lo the exemption from the audit requirement contsinell in se¢tion 477 of the Companies Act 2006, for the year ende 16.956 234 19041 20,274 11041 Movements in Wofking capital.. Decreasellincreasel in debtors Increase in creditors 192,424 196.015 (75.7271 46,231 Cash generated from op•ratio 565,149 154.146 CARTREF NI LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 25 MARCH 2023 19 Analysis of changes In net funds The charity had no debt during the year_